Will these small-cap stocks outperform ARK ETFs in 2021? [Video]

Ming Jong Tey Independent Analyst

ARK ETFs were the best performing ETFs in 2020, especially ARKG ETF where the 1 year return tops 215% as of 21 Jan 2021. The return is certainly exceptional and will be challenging to even beat it.

One of the important criteria to pick the stocks that can outperform ARK ETF is to focus on the stocks that are in great structural position with huge causes built. Based on the Wyckoff’s Law — Cause and Effect, the target price can be estimated based on Point and Figure projection method. The more causes the stock has built, the higher the target price.

Three small cap stocks, AQB (Aquabounty Technologies INC), CLLS (Cellectis) and SURF (Surface Oncology INC) have been selected based on the current price structure, volume spread analysis and the huge causes built.

Watch the video below where I run through in detail the trading plan for AQB, CLLS and SURF with price action trading strategy that comes with the potential trade entry and stop loss.

Author

Ming Jong Tey

Independent Analyst

Ming Jong Tey has been trading since 2008. He started his learning journey from technical analysis (indicators, Fibonacci, etc...) to value investing. Throughout his journey, he develops an interest in price action with chart pattern trading.

GBP/USD loses momentum, flirts with 1.3200

GBP/USD is struggling to maintain its positive bias on Thursday, retreating toward the 1.3200 region in response to the pick in the buying interest around the Greenback. That said, Cable remains under scrutiny as cautious market sentiment keeps investors focused on the US-Iran conflict and political effervescence in the UK.

EUR/USD trims gains, challenges 1.1400

EUR/USD now gives away part of its earlier advance, receding toward the 1.1400 contention zone on Thursday. Meanwhile, the pair’s recovery comes amid extra losses in the US Dollar, at the time when while investors continue to monitor developments in the Middle East and sentiment surrounding global technology stocks.

Gold remains bid and close to $4,100

Gold accelerates its recovery and approaches the key $4,000 mark per troy ounce at the end of the week, adding to Thursday’s advance. However, expectations for a hawkish Fed remain steady and keep the yellow metal’s potential upside contained.

Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Week ahead – NFP report to challenge Dollar strength and the hawkish Fed

Dollar strength dominates markets, as the hawkish Fed overshadows geopolitics and lower oil prices. NFP week could drive September Fed hike expectations and boost market volatility. The euro lacks fresh bullish catalysts, all eyes on the preliminary inflation report and the ECB Forum.

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.